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Philippines: BSP sets cap on credit card charges

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is imposing a 24 percent cap on the annual interest rate on all credit card transactions starting Nov. 3 to ease the financial burden of consumers and small enterprises amid the COVID-19 pandemic. In a virtual press briefing, BSP Governor Benjamin Diokno said the imposition of […]

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Thailand: Shorter quarantine if tourist test succeeds

A seven-day quarantine for foreign tourists can be put into effect in November if the first batch of inbound tourists in October is clear of coronavirus infections, says the Tourism and Sports Ministry. After next Tuesday’s cabinet meeting, the government will announce more details of the special tourist visa (STV) that will allow long-stay visitors, the […]

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Enterprise Singapore, FairPrice tie up to help food manufacturers go digital

ENTERPRISE Singapore (ESG) and NTUC FairPrice’s e-commerce platform FairPrice Online have launched an online initiative to help Singapore food manufacturers diversify their revenue streams. The initiative – called YummySG! – is hosted on FairPrice Online’s Marketplace platform. It brings together local products under the Singapore brand to provide higher visibility to consumers and differentiate them […]

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